Ethisphere names TE Connectivity as one of the World's Most Ethical Companies for 2023

TE Connectivity (NYSE: TEL) has been recognized as one of the 2023 World's Most Ethical Companies by Ethisphere, marking its ninth consecutive year on the list.

Rhea-AI Summary

TE Connectivity (NYSE: TEL) has been recognized as one of the 2023 World's Most Ethical Companies by Ethisphere, marking its ninth consecutive year on the list. In 2023, 135 honorees across 19 countries and 46 industries were acknowledged, with TE being one of only two representatives from the electronics and components sector. The assessment included a comprehensive evaluation of over 200 questions on corporate culture, environmental practices, and governance.

CEO Terrence Curtin emphasized the company's commitment to integrity and innovation, underscoring the importance of ethical practices in fostering long-term business performance.

Positive

• Recognized as one of the 2023 World's Most Ethical Companies for nine consecutive years.
• Only two companies in the electronics and components industry were honored, highlighting TE's leadership in ethical practices.

Negative

• None.

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SCHAFFHAUSEN, Switzerland, March 13, 2023 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectors and sensors, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World's Most Ethical Companies.

TE has been recognized by Ethisphere for nine years in a row. In 2023, 135 honorees were recognized spanning 19 countries and 46 industries. TE is just one of two companies representing the electronics and components industry.

"When you're creating technology that is helping to make the world a better place to live, it's important to do it the right way. That's why everything we do is driven by integrity, teamwork, accountability and innovation," said CEO Terrence Curtin. "We are honored that Ethisphere has once again recognized TE's dedication to our values and our ethics."

The World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain.

"Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance," said Ethisphere CEO Erica Salmon Byrne. "We continue to be inspired by the World's Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to TE Connectivity for earning a place in the World's Most Ethical Companies community."

ABOUT TE CONNECTIVITY
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications and the home. With more than 85,000 employees, including over 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

ABOUT ETHISPHERE
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World's Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset focused on ethical culture and featuring the responses of 2+ million employees around the world; and the Ethics Quotient dataset, featuring 200+ data points highlighting the ethics, compliance, social, and governance practices of the World's Most Ethical Companies. For more information, visit https://ethisphere.com.

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SOURCE TE Connectivity Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recognition did TE Connectivity receive in 2023?

TE Connectivity was named one of the 2023 World's Most Ethical Companies by Ethisphere.

How many years has TE Connectivity been recognized for ethical business practices?

TE Connectivity has been recognized for nine consecutive years.

In how many industries were companies recognized by Ethisphere in 2023?

Companies were recognized across 46 industries in 2023.

What is the stock symbol for TE Connectivity?

The stock symbol for TE Connectivity is TEL.

How many companies were honored as World's Most Ethical Companies in 2023?

In 2023, 135 companies were recognized as World's Most Ethical Companies.